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Daewoo

Daewoo_Logo_1978.svg

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About the brand ❤️

Daewoo (Korean: 대우, meaning “Great Universe”) was a major South Korean chaebol (conglomerate) founded in 1967 by Kim Woo‑choong and based in Seoul. It grew rapidly into one of South Korea’s largest industrial groups with businesses in trading, automotive manufacturing, shipbuilding, construction, electronics, and more. The group collapsed under heavy debt during the Asian financial crisis and was declared bankrupt in 1999, after which its divisions were sold or spun off. Although the original Daewoo Group no longer exists, the Daewoo brand and trademark are still used in various products—such as appliances and tools—owned and managed by successor companies, with the trademark currently held by Posco International.

Founded: 1967

Closed: 1999

Headquarters: Seoul, Korea (the Republic of)